Cognizant (CTSH)

• Market cap: $42B
• 1 day: -3.05%
• 5 days: -5.53%
• 1 month: 8.18%
• 3 months: 7.62%
• 6 months: 10.77%
• Year to date: 11.07%
• 1 year: 9.55%
• 5 years: 21.09%
• 10 years: 35.94%
• Sector: Information Technology
• Industry: Computer Programming Services

About: Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 350,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.

Employees: 336,800

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 89

1% more repeat investments, than reductions

Existing positions increased: 332 | Existing positions reduced: 328

1% less capital invested

Capital invested by funds: $36.5B [Q3] → $36B (-$490M) [Q4]

1.18% less ownership

Funds ownership: 95.33% [Q3] → 94.15% (-1.18%) [Q4]

1% less funds holding

Funds holding: 937 [Q3] → 924 (-13) [Q4]

10% less funds holding in top 10

Funds holding in top 10: 10 [Q3] → 9 (-1) [Q4]

41% less call options, than puts

Call options by funds: $360M | Put options by funds: $607M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $85 0% upside
• Avg. target: $92 9% upside
• High target: $103 21% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Barclays Ramsey El-Assal 70% 1-year accuracy 40 / 57 met price target	21% upside $103	Overweight Maintained	10 Feb 2025
RBC Capital Daniel Perlin 77% 1-year accuracy 41 / 53 met price target	10% upside $93	Sector Perform Maintained	6 Feb 2025
Morgan Stanley James Faucette 75% 1-year accuracy 21 / 28 met price target	0% upside $85	Equal-Weight Maintained	6 Feb 2025
BMO Capital Keith Bachman 79% 1-year accuracy 42 / 53 met price target	11% upside $94	Market Perform Maintained	6 Feb 2025
UBS Kevin Mcveigh 63% 1-year accuracy 10 / 16 met price target	1% upside $86	Neutral Maintained	3 Feb 2025